Logistics & Transport News South Africa

Super Group raises R900m through rights issue

Transport and logistics group Super Group said on Monday it had successfully raised R900 million through renounceable rights offer.
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Stevebidmead via pixabay

In terms of the rights offer, the company issued 35.01 million shares at a price of R25.70 apiece.

Super Group said the rights offer was significantly oversubscribed.

Source: INET BFA

Source: I-Net Bridge

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